You may also be able to rollover the 401k into an IRA. This is a wonderful choice, especially if employers only offer you restricted investments. You would have greater manage over exactly where your money is invested. Last, you could opt to totally cash the 401k out. This option has a few drawbacks. Browse here at best gold ira custodian to research the purpose of this enterprise. When you money out your 401k program, you should spend the taxes on that cash and you could also be accessed a penalty for early withdrawal.